LG: Business outlook worsens, but profit above estimate
Seoul - Yonhap
LG Display Co., a South Korean maker of flat-panel screens for TVs and smartphones, expects the outlook for its key business to get worse this year due to a rapid fall in panel prices, but its first-quarter earnings could beat analysts' expectations, a senior company executive said Thursday. "Business conditions continue to get worse as prices for flat-panel screens plunge amid a supply glut," Choi Dong-won, senior vice president of LG Display, told a group of Korean correspondents in Beijing
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